The US national debt is twenty times higher than is officially
reported, approaching $222 trillion, and today’s children could soon be
paying their parent’s debts, reputed American economist Laurence
Kotlikoff told RT.

­According to Kotlikoff, the true extent of the growing fiscal gap
has been concealed by Washington for years, a process that could
ultimately result in debt disaster: China and Japan, top American
money-lenders, could simply stop the cash flow.